CortexDAO
  • Welcome to CortexDAO!
  • Roadmap
  • New DAO Member Tasks
  • Resources
  • Fundamentals
    • CortexDAO 101
    • Tokenomics 101
    • Convex Index 101
  • Governance
    • Constitution
    • Cortex Improvement Proposal (CIP) Template
  • Tokenomics
    • Fee Distribution
    • Token Utility
    • $CXD
      • Importing CXD Into MetaMask
      • Locking CXD for vlCXD
    • Liquidity Provision
  • The Convex Index
    • Whitepaper
    • How it Works
    • Risk Assessment
    • Index Construction
    • Audits
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  1. Tokenomics

Token Utility

PreviousFee DistributionNext$CXD

Last updated 2 years ago

the CXD token for vlCXD grants access to:

  • Fee distribution. A portion of protocol revenue is distributed to CXD lockers.

  • Governance. Vote to update, change, and revise protocol system parameters.

  • Boosted Index returns. Holding CXD + any CortexDAO Index = increased Index APR!

Locking